Information Package / Course Catalogue
Insurance Business
Course Code: BAS212
Course Type: Area Elective
Couse Group: Short Cycle (Associate's Degree)
Education Language: Turkish
Work Placement: N/A
Theory: 3
Prt.: 0
Credit: 3
Lab: 0
ECTS: 3
Objectives of the Course

The objective of this course is to provide students with knowledge about the establishment, organizational structure, management processes, and areas of operation of insurance companies; and to equip them with the ability to analyze and evaluate business processes in the insurance sector by understanding marketing, customer relations, claims management, reinsurance, financial management, and digital insurance practices within insurance companies.

Course Content

This course covers the fundamental concepts of insurance management, the structure of the insurance industry, the establishment and organizational structure of insurance companies, management functions, human resources management, sales and marketing activities, customer relationship management, insurance agencies and other distribution channels, policy issuance processes, claims management, financial management, technical reserves, and reinsurance practices. In addition, digital insurance (InsurTech), artificial intelligence-enabled insurance applications, and current developments in the sector are evaluated through case studies and practical examples.

Name of Lecturer(s)
Learning Outcomes
1.Explains the establishment, organizational structure, and core business areas of insurance companies.
2.Explains the functioning of management, marketing, customer relations, and distribution channels in insurance companies.
3.Evaluates claims management, reinsurance, and financial management processes from the perspective of insurance operations.
4.Analyzes digital insurance (InsurTech) applications and the impact of technological advancements on insurance companies.
5.Develops solutions by analyzing case studies related to key management and operational processes encountered in insurance companies.
Recommended or Required Reading
1.Insurance, Feridun Kaya (Beta Publishing, 2023)
2.General Management, Adnan Celik
Weekly Detailed Course Contents
Week 1 - Theoretical
Course Overview: Introduction to Insurance Management
Week 2 - Theoretical
The Structure of the Insurance Industry and the Insurance Market in Turkey
Week 3 - Theoretical
Establishment and Legal Structure of Insurance Companies
Week 4 - Theoretical
Organizational Structure of Insurance Companies
Week 5 - Theoretical
Management Functions in Insurance Companies
Week 6 - Theoretical
Human Resources and Sales Organization in Insurance Companies
Week 7 - Theoretical
Marketing and Customer Relations in the Insurance Industry
Week 8 - Theoretical
Insurance agents, brokers, and distribution channels
Week 9 - Theoretical
Claims management processes
Week 10 - Theoretical
Premium generation and policy management
Week 11 - Theoretical
Financial management and technical reserves
Week 12 - Theoretical
The Importance of Reinsurance from a Business Perspective
Week 13 - Theoretical
Digital Insurance (InsurTech), Artificial Intelligence, and New Business Models
Week 14 - Theoretical
Case Studies and Current Insurance Industry Practices
Assessment Methods and Criteria
Type of AssessmentCountPercent
Assignment1%5
Quiz1%5
Midterm Examination1%30
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory140342
Assignment2228
Reading3026
Individual Work22310
Quiz1112
Midterm Examination1123
Final Examination1224
TOTAL WORKLOAD (hours)75
Contribution of Learning Outcomes to Programme Outcomes
PÇ-1
PÇ-2
PÇ-3
PÇ-4
PÇ-5
PÇ-6
PÇ-7
PÇ-8
PÇ-9
PÇ-10
OÇ-1
5
1
2
1
2
2
1
2
2
OÇ-2
5
1
2
1
3
3
2
2
2
OÇ-3
5
1
3
2
5
3
2
2
3
OÇ-4
4
1
5
4
4
2
1
3
3
1
OÇ-5
4
1
3
2
5
4
3
3
3
1
Adnan Menderes University - Information Package / Course Catalogue
2026